Ann: MEL:Election to participate in drilling1st well-Bivouac Peak, page-8

I think a lot of us are assuming something is not right at SM71, however we must remember the 3 month production rule.

Byron cannot release the numbers until after 3 months of production (September).

@cara stated the following on the Otto Energy page:

"they have heaps of oil at SM71....in fact in the video at the 121 Hong Kong O&G conference Chairman Jetter said it was the biggest shallow water discovery in 14 yrs and added we know what we have but can’t disclose it because of the 3 month production rule and an independent audit by Collarini due around Sept."